William Brewer has an interesting article on performing code analysis on database objects:
In general, code analysis is not just a help to the individual developer but can be useful to the entire team. This is because it makes the state and purpose of the code more visible, so that it allows everyone who is responsible for delivery to get a better idea of progress and can alert them much earlier to potential tasks and issues further down the line. It also makes everyone more aware of whatever coding standards are agreed, and what operational, security and compliance constraints there are.
Database Code analysis is a slightly more complicated topic than static code analysis as used in Agile application development. It is more complicated because you have the extra choice of dynamic code analysis to supplement static code analysis, but also because databases have several different types of code that have different conventions and considerations. There is DML (Data Manipulation Language), DDL (Data Definition Language), DCL (Data Control Language) and TCL (Transaction Control Language). They each require rather different analysis.
William goes on to include a set of good resources, though I think database code analysis, like database testing, is a difficult job in an under-served area.